Govini: Federal Spending on Cyber Defense Tools Hit $31B in FY 2014

From: ExectuievGov

A new Govini analysis says U.S. federal spending on cyber defense platforms and services rose to nearly $31 billion in fiscal year 2014 from $6 billion in FY 2011, a five-fold increase over three years.

Govini said Friday it examined federal procurement in 11 segments through its Cybersecurity Taxonomy between FY 2010 and FY 2014 and found that the data breach at the Office of Personnel Management and other recent cyber attacks prompted agencies to update their data networks.

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